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TechTidBit – Tips and advice for small business computing – Tech Experts™ – Monroe Michigan

TechTidBit - Tips and advice for small business computing - Tech Experts™ - Monroe Michigan

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Is There A Hidden Intruder Lurking In Your Business?

November 23, 2020

Thomas Fox is president of Tech Experts, southeast Michigan’s leading small business computer support company.

If you’re like us, you believe you have the best, most trustworthy people working for you.

But have you ever considered the possibility you may have someone unknown hidden within your business, trying to cause a lot of damage and make a lot of money at the same time?

This might sound a little far-fetched. Perhaps something that’s more likely to happen in a film than in your business.

But actually, you’d be surprised. Cyber criminals are targeting businesses exactly like yours all the time.

Because often, small and medium sized businesses don’t spend big bucks on their cyber security. Hackers know this. And will put a lot of effort in to try to exploit that.

We’re seeing a rise in ransomware attacks. This is the computer attack where a hacker locks you out of your systems and data. And you must pay a ransom, typically in Bitcoin, to get access again.

While it’s not a new crime, it’s one of the fastest growing crimes online. Ransomware attacks are often successful because the hackers have managed to access a network, then sit quietly within it for weeks or even months without being detected.

This gives them plenty of time to secretly prepare their attack. And make it virtually impossible for even the best IT security experts to undo their damage once an attack has been launched.

Thanks to the surge in home working this year and an increase in remote network access, many businesses are making it just too easy for hackers.

They bide their time, investigate your business and set up everything in their favor… just waiting for the right time to launch their attack.

Reality check: This kind of attack can cripple your business.

Hackers will encrypt or delete all your data, leaving you to:

• Explain the breach to your clients
• Try to restore what you’ve lost (that’s if you have a working backup saved off-site that hasn’t been affected) and clean up your network
• Or just pay the large ransom to undo the damage

It can cost thousands. And accounts for a scary number of businesses going under. The biggest news-making ransomware event in was the Baltimore City government. The city’s computer system was hit with a ransomware infection in May 2019 that kept the city’s government crippled for over a month.

Estimates put the cost to recover at over $18 million dollars, although the cybercriminal behind the malware only demanded $76,000 worth of Bitcoin. The attack reportedly impacted vaccine production, ATMs, airports, and hospitals and took months to recover.

But if you know the warning signs to look out for, you can dramatically reduce your risk of falling victim to a hidden hacker, already in your system.

Our data security experts have helped to foil this type of attack. And we’d like to help you.

Can we offer your business a breach detection review? During the review, our specialists can carry out a detailed network check to detect if there has been any unauthorized activity.

They can look for the warning signs of a breach, and give you some advice for preventing this kind of attack in the future.

Before we carry out the review, we’ll need to have a quick video call (no more than 15 minutes) to discuss your current security, your business, and to answer any questions you may have. Give us a call at (734) 457-5000.

Visit www.MyTechExperts.com/detect to book your video call. You can review our calendar and choose the time and date that suits you best.

Filed Under: Cyberattacks Tagged With: cyberattacks, Ransomware

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